KDave

Same here. 

Dont believe all the internet people. There is one person in particular who constantly gets things wrong and then conveniently forgets (Rymes with Monaco)  . He purposefully uses the whole fear thing as a vice to get people hooked, but a lot of what he is saying is correct and he does know a lot of stuff, but his outlook is VERY limited and quite negative tbh. He is also at retirement age and clearly has a nice life & uses the channel to pay his bills. Kitco is better for a better view on whats happening. I like Raul Pals attitude, especially as its more Macro. 

As Richie says - at the moment people are being emotional and when you look at the nuts and bolts - there are some big problems and it has nothing to do with any semi-fictional pandemics. The best thing is  to look at it in a 10 year time frame, go on the charts and pan out to see how things happened in the last downturn in 2008 & focus less on the weeks and months. It's not the get right quick scheme being promoted (Mike Malony stuff), but it may produce some very good upside at some point. 

Its good you have physical (Look at it as a long term savings account, there may be a period of time where you will see £800 gold again so over 10-20 years it will even out if you are paying £1,450 now. I am feeling for the people that have bought papers they can still hold and sell next year. I bought £500 ETF only a few weeks back. Bitcoin is OK but I think its too late in the game for that, I cant risk it. Mining stocks are probbaly the best asset to get if your prepared to wait a year or three. 

have a look back over the 10 year gold chart and December is normally always the low(est) month for the year

Why would I take advice from someone who looks like he spends his spare time playing D&D, and has never shaved in his life. 

The gold/silver cabal are in a fix. i hear from Andrew Maguire that he personally knows someone who is standing for 30 tonnes of November gold deliveries. In total there are 47 tonnes that must be delivered on Monday. Then there is a much large amount for New Year's Eve in the December GC contracts.
They are thrashing around trying to shake out contracts and short cover. 
Maguire does get excited at times - the cabal is ever resourceful. In past times they would smash the price of paper contracts with impunity b/c very few stood for delivery but since the market broke earlier this year they are queuing up. 
i say just keep stacking. Get metal at the best prices you can find and keep going.
 

Was talking about this a good while ago with a member.  please read all of this site first
https://www.world-nuclear.org/information-library/country-profiles/countries-g-n/kazakhstan.aspx#:~:text=Kazakhstan has 12% of the,43% of the world's uranium.
https://www.world-nuclear.org/
 
 

Nope. He can still win and personally I think might. Negotiating and doing cases like this is what he does best. Thats the sort of guy I would want for a president, not some faccist lunatic. 
Hopefully, but only after another drop so I can buy back in LOL. 
I have a £50 bet at 10/1 I think - Im starting to think I might win it actually. 
Maybe in a few weeks, assuming the prices keep plummeting - any miner, or PM stock. 
MAG as HB has said, GDXJ is another one I have, cant go wrong with the juniors for long term higher rewards.
Its gone down a lot since i bought it (8%), but im waiting for the bottom as I only put in £300. 

I am sticking to commodities and tangibles now as i just think being in the open market is too dangerous with all the money printing and possible social unrest. 
What looks good now, will look terrible if the markets collapse and dont recover for 2-3 years. Thats money I can afford to loose or have locked up. 
I shall probably just sit on some cash and wait, for something to present it self and learn to be a bit more patient.

 

The final 2 1oz to finish off my collection.  That's the 1/4 and 1 oz in gold and 2oz silver.  All bullion.
That's me more or less done with now.  Not just the QB but all PMs.  I may re-organise my collection by selling and swapping out a few bits but I won't be adding any more weight.  Have enough stacked and it's now time to build on my other investments.  

Arms stocks will get a boost when Biden takes over. Judging by his transition team a certain country will get their wars which Trump wouldn’t start. 
 
Arms stocks are where I draw the line because if I’m doing well then villages in Yemen and Syria won’t be. 

Completely agree mate as an ex soldier and been in warzones being on the receiving end of it. I have no interest in the military industrial complex especially when a majority of the conflicts were based on BS and a rich man's confidence trick.

We are now at consolidation levels with silver and gold now. I can see a run up coming either before Xmas and going even higher when Biden offers the biggest stimulus package in history. He will go big regardless whether it is going to wall or main Street. The republican congress may tamper with it but if there is promises made to wall st it will get voted through. Yellen is dovish and has been given the state secretary for finance. Now she's left the Fed her poisoned chalice is over. But she's an outright democrat so she will push the fed into writing some massive liquidity. Biden I guarantee you will spend more than trump. And trump spent double what Obama did in two terms. And Obama broke all QE records. 
What's this got to do with stocks a lot.  I predict a crash and Yellen is not Hank Paulson she won't cope like him. 
The market crash will be undoing of Biden. 
I expect also helicopter money given to main Street. 

I have thought about it but not put anything in yet, I prefer to buy companies unless there is a decent/cheap ETF, two come to mind that I have bought in the past - Cameco for uranium and Bacanora Lithium on LSE. CCJ I consider a uranium major and they pay dividends which ticks all the boxes, a safe enough bet even if the timing is wrong, depending on your timeframe. BCN I have not looked at for several years but at the time was developing an excellent project in mexico, I consider it as development in class (explorer, development, small, med, large), anything could happen though it might have come on a bit since I looked at it. 

I saw this topic on the BBC.
I'm strongly considering buying into futures like lithium mining stocks and I believe soon we will be in turning point for uranium soon.
Any other renewables green energy could be discussed in this investment sector thread.
https://www.bbc.com/future/article/20201124-how-geothermal-lithium-could-revolutionise-green-energy

Not sure about gold miners, not yet anyway its possible that we have seen a top as per 2016;

https://www.gold-eagle.com/article/precious-metals-now-and-then-comparison
No one knows what will happen though. I have a theory I am confident about and have positioned a decent amount (for me) in most of the oil majors, buying all the way down to the current lows - perhaps there will be new lows soon to get rid of the now thousands in the green, but honestly who cares. I am happier looking at red every time I log on to buy as it means I am getting more shares for my money and bringing the average down - a bigger position today for tomorrow. I plan for years worth of dividends, cost averaging and compounding before I start thinking about selling at 3 figure oil price at the minimum - the same system/theory could be said for buying PM miners now, gold miners bought on the way down will look like a great buy in hindsight once we pass the 2020 highs, who knows when that will be - perhaps next year? Perhaps longer, but at some point this decade for sure imo.
Personally I can't work out the short term, I am confident with the long term picture. To action its just a matter of committing funds over a timeframe you are happy to lock them away, as others have said, it doesn't matter if a share price falls over the short term when you are looking years out. Just don't invest money that you will miss or need over the timeframe or at some point you will be shaken out.

Not sure about gold miners, not yet anyway its possible that we have seen a top as per 2016;

https://www.gold-eagle.com/article/precious-metals-now-and-then-comparison
No one knows what will happen though. I have a theory I am confident about and have positioned a decent amount (for me) in most of the oil majors, buying all the way down to the current lows - perhaps there will be new lows soon to get rid of the now thousands in the green, but honestly who cares. I am happier looking at red every time I log on to buy as it means I am getting more shares for my money and bringing the average down - a bigger position today for tomorrow. I plan for years worth of dividends, cost averaging and compounding before I start thinking about selling at 3 figure oil price at the minimum - the same system/theory could be said for buying PM miners now, gold miners bought on the way down will look like a great buy in hindsight once we pass the 2020 highs, who knows when that will be - perhaps next year? Perhaps longer, but at some point this decade for sure imo.
Personally I can't work out the short term, I am confident with the long term picture. To action its just a matter of committing funds over a timeframe you are happy to lock them away, as others have said, it doesn't matter if a share price falls over the short term when you are looking years out. Just don't invest money that you will miss or need over the timeframe or at some point you will be shaken out.

Record money going into stocks - https://www.ft.com/content/91cb3990-7ace-41f0-9939-d7fe8d0cab02
"it was the largest weekly haul by equity funds since EPFR has been collecting the data, as well as the second-biggest intake by US stock funds since 2000."
When the S&P is already at record highs during a pandemic on the verge of a mass insolvency crisis.. unless these are all traders this is truly the dumbest of the dumb money
I've heard big financial intuitions like to swap out of positions March, June, September and December to make their quarter books look less risky and that it can cause a bottle neck in the repo market inducing sell offs, I looked at charts and there appears to be a lot of merit to it 
I could post dozens of charts but you can look for yourselves, here's just a few - we know what happened in March but you can see the S&P500 just before June and September pump up a couple weeks before selling off

 
The Japanese yen which is sensitive to US bond weakens then spikes

 
It's less clear on the dollar DXY but where did it stop falling and strengthen: June and September 

The difference being after September it firmed up too, so when it strengthens in December will that be the start of a new trend up, could be 
My prediction is stocks, bitcoin, oil up for the next week before it getting very ugly for them in December - dollar and bonds up
 
 
 

You are only "down", if you actually sell them. My worse performing stock is down 21% in a month, but I'm not panicking, and I'm certainly not thinking of selling. I'm happy to wait, even if it takes years to go back into the green.
Silver has dropped 18% in less than 4 months, but I don't see anyone saying "oh poo, I need to sell it all before it goes down anymore". As I said, my mindset with shares is to treat them like my pm's, don't worry about them in the short term, and like you said, "stop looking at it everyday" if your nerves are on the jangly side. 

I have a very clear vision of what's going to happen
There isn't money printing there's a dollar shortage, banks aren't lending, it's going to cause markets to crash, the dollar to spike, gold to be fire saled as collateral 
Look at the relationship between treasury inflation yields gold. When there's liquidity issues and the dollar spikes what happens: 2008 and the start of 2020 - sends gold down
We're going to get that sooner than later, that will be the opportunity to buy an etf or miners 

And just like in March when they've squeezed out all the weak hands they will scoop up the rewards like gold which was bought back up to $1620 quicker than it sold off 
You talked about gold cartel earlier because the price moved 1%, they're going to move gold down 10% +

 

Yes if they over estimate demand/bid the future price of oil too high then it will push spot prices down at the point of delivery.
Its interesting that for an ETF like USO, if the price of oil futures rises then investors lose a bit of money on the exchange of contracts, selling old contracts for spot price and then having to pay a higher price for the new contracts = less oil for your money. If they then have overestimated demand and spot falls to the point that no one wants the excess they are in real trouble. Seems like a bad way to invest in oil to me. 
Of course on the flip side USO would be a good investment if the spot market is tight and futures are low, because they can sell old contracts for a higher price (for spot price) and then buy future contracts at a low price when the same thing will happen next month. Does this not provide an incentive to keep bids for oil futures low? That oil speculation due to human nature should put downward pressure on future oil supply vs the other way around? Or am I looking at this the wrong way. 

Yeah I think it works that when you have a contract you have to take physical delivery, if you're a speculator you're hoping you sell your contract before that date but in April either because there was no demand with the lockdown or because they would have lost too much selling, instead they had to pay for it to go into storage
If price has gone up because of vaccine news that seems overly speculative and could push barrels into storage down the line or sold at a loss
Not sure if that will have much negative impact on oil or just the people speculating

Oil is at least a 5 year investment potentially longer. Reinvest the dividends and watch it grow.
There will be big moves in both directions and most people will be thrown off at some point.

I dont blame you. 

My judgment of BP is playing out so i will hang on for this one and take a profit rather than Shell. 

I am learning to be more patient. 

 

BP is doing well now, its finally going up, but that has a lot to do with oil prices. 

I had my dividend from the Psizer today. Thanks you sneaky gits, im still 8% down.
 

My advice get clear of precious metals now sell all your holdings as quickly as possible. By December you will be 20/30% down due to brexit being so soft it’s exactly like staying in the E.U...  
PMs 7 year circular top was in August..
the fed will print money to make risk assets go up that’s the whole game now and the big money knows this...

https://uk.reuters.com/article/idUKKBN27W2YE
Tesla to be 1% of S&P 500 weighting! 
A few negatives I can think of, firstly the amount of selling that will have to take place in the S&P to make room for Teslas insane market cap, secondly when this thing goes down it will now take the entire S&P 500 with it.  
Positives are the same reasons but from the perspective of buying the other S&P companies.
Which company will get the boot? An oil and gas company perhaps, possibly Exxon given its removal from the Dow Jones index?
Whichever company it is, view also as a possible buying opportunity in the outgoing.
We thank you Tesla for the gifts we are about to receive...  

Interviewee states jewellery is down 50%, and thats half of physical demand, so about 25% drop. Verifiable data must be available for that, so check rather than write off because it doesn't match up to expectation.  If you dont know how prices are manipulated, how can you know they are?